Vietnamese 5% broken rice has been the most expensive in the world since August last year, surpassing rivals Thailand and India, according to the Ministry of Industry and Trade. In the first two months this year Vietnam’s average rice price was over $519 per ton. Since August last year, it has exceeded Thai prices by […]
Read MoreMANILA, Philippines — The Philippine economy is unlikely to be negatively affected by the string of bank failures in the US and Europe, the National Economic and Development Authority (NEDA) said. “I don’t think that we’ll be badly affected,” NEDA Secretary Arsenio Balisacan said during a roundtable discussion of the Wallace Business Forum, Financial Executives […]
Read MoreCambodian Prime Minister said on Wednesday that China is the largest supplier of raw materials to the kingdom’s garment industry. “For us, a garment manufacturing country, we import more than 80 percent of fabrics from China,” he told a graduation ceremony of some 4,700 students at the Vanda Institute in Phnom Penh. “Cambodia acquires raw […]
Read MoreThai exports are expected to contract by 0.5% this year because of the global economic slowdown, according to ttb analytics, the research arm of TMBThanachart Bank (ttb). The most severe contraction is forecast to take place during the first five months of the year, before beginning to recover during the remaining seven months, said Naris Sathapoldeja, […]
Read MoreKUALA LUMPUR: The international reserves of Bank Negara amounted to US$114bil (RM509.5bil) as of March 15, down marginally from US$114.3bil (RM510.8bil) as of Feb 28. “The reserves position is sufficient to finance five months of imports of goods and services,” the central bank said in a statement. Bank Negara said the main components of the […]
Read MoreSINGAPORE – Marine fuel sales in Singapore contracted by nearly 13.5 per cent in February as fewer vessels called at the world’s largest bunkering hub due in part to the shorter month. Sales fell to 3.79 million tonnes compared with 4.38 million tonnes in the previous month, data released by the Maritime and Port Authority of […]
Read More
Thailand
